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Putin brands US as 'hooligans' for printing money

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The Northerner Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 02:05 PM
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Putin brands US as 'hooligans' for printing money
Russian Prime Minister Vladimir Putin accused the US of hooliganism on Monday over the US government's efforts to ease its financial problems by injecting hundreds of billions of dollars into the economy.

"Thank God, or unfortunately, we do not print a reserve currency but what are they doing? They are behaving like hooligans, switching on the printing press and tossing them around the whole world, forgetting their main obligations," Putin told a meeting of economic experts at the Russian Academy of Sciences.

Putin's comments came in the wake of the completion of the US' quantitative easing (QE) 2 program on June 30, in which the Federal Reserve bought $600 billion worth of its Treasury bonds. The Fed's first round of QE, which ended in March last year, amounted to less than half the size of QE2.

The Russian authorities have said they would like to see a basket of currencies including the ruble replacing the dollar as the main reserve currency, although most analysts have said a more realistic target for Russia would be if the ruble became a regional reserve currency for the CIS.

Source: http://en.rian.ru/russia/20110711/165137466.html
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originalpckelly Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 02:06 PM
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1. US to Putin: please use beano next time, dear.
Or is it that he's just plain full of shit.
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somone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 02:16 PM
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2. Maybe Russia should return the billions of dollars in foreign aid we gave them
Every bit helps
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fivepennies Donating Member (419 posts) Send PM | Profile | Ignore Wed Jul-13-11 02:21 PM
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3. We'll see who
comes out of this relatively unscathed, Russia or the US. Anybody taking bets?
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Ohio Joe Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 02:22 PM
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4. And here I thought I was a hooligan for my drunken debauchery - nt
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Ikonoklast Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 02:37 PM
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5. What Putin needs is a little Sarah in his life.
Maybe we can hook them up, such a nice couple they'd make, no?
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Rochester Donating Member (486 posts) Send PM | Profile | Ignore Wed Jul-13-11 02:48 PM
Response to Reply #5
6. Sure, why not? According to this (joke) video, Sarah thinks...
...that she can see Putin's house from hers :) http://www.youtube.com/watch?v=SXRcFQowXwQ
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MineralMan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-13-11 03:15 PM
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7. The Russians love the word "hooligan."
It's been in their language for a very long time. I'm not sure where they borrowed it, but I've seen it in writings before their revolution. Originally, it referred to roving bands of displaced peasants who engaged in destructive behavior.

Some think its origins are Irish, but I think it could well be original to Russian. In the Russian language, it's a bad thing to call someone. Much worse than in English.
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